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Market Open: Signs of US-China Trade Conflict Ease, Pops TSX Up | Fri. May 2

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| 13 days ago

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Talks between the U.S. and China lifted investor mood this morning bouncing Canada’s main stock index upward after a tough week.

Market Numbers (Futures)

TSX :Down (0.70%) 24,969.12
TSXV: Down (1.14%) 646.15
DOW: Up (0.45%) 41, 039.00
NASDAQ: Up (0.31%) 19,933.75
FTSE: Up (0.087%) 8,570.47

In the Headlines:

Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, says Japan’s Finance Minister Katsunobu Kato.

And Gold edged higher as the dollar weakened, but the precious metal is still set for its first back-to-back weekly loss this year

Currencies Update: (Futures)

The Canadian dollar is up 018% to $0.7232 U.S., hands over 0.23% to the Euro sitting at $0.6387, and Bitcoin tacks on 0.65% to $133,916.81

Commodities: (Futures)

Natural Gas: Up (4.91%), 3.49
WTI: Up (1.42%), 59.05
Gold: Down (0.80%), 3,262.311
Copper: Up (0.57%) 5.87

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